S&P 500 Gains and Losses Today: Target Falls Amid Constrained Consumer Spending
Key TakeawaysThe S&P 500 fell 0.3% on Wednesday, May 22, 2024, as the minutes from the latest Federal Reserve meeting elevated concerns about inflation.Target missed quarterly estimates and guided below expectations for the current period, citing restrained consumer spending, and shares of the retailer dropped.First Solar shares posted the S&P 500's strongest gains for the second straight day after a pair of analysts highlighted the firm's growth potential. After hovering near flat levels for much of the se ...